Solar Panels in South Dakota (2026): Cost, Payback, and No Federal Credit

What rooftop solar costs in South Dakota now that the federal credit is gone — plus the state's missing net metering law and a payback calculator.

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On this page
  1. Is Solar Worth It in South Dakota in 2026?
  2. South Dakota Electricity Prices
  3. The South Dakota Sun
  4. What Solar Costs in South Dakota in 2026
  5. Estimate Your South Dakota Payback
  6. South Dakota Solar Incentives That Still Exist in 2026
  7. Net Metering — or the Lack of It — in South Dakota
  8. How to Go Solar in South Dakota
  9. Sources

Is Solar Worth It in South Dakota in 2026?

South Dakota gets more sun than most people expect from a Northern Plains state — around 213 sunny days a year, and a well-sited panel near Sioux Falls produces about 1,371 kWh per installed kilowatt annually, respectable for this latitude (44°N). The problem isn't the sun. It's the electricity it's competing against: South Dakota power is cheap by national standards, about 13.4¢ per kWh in 2025, and cheap power means every kWh your roof makes is worth less than it would in a high-rate state.

Layer on 2026 reality: the 30 percent federal tax credit is gone for anyone buying a system outright, and South Dakota is one of only two states with no statewide net metering law. Together, that makes this a hard "yes" to earn. It can still work for a high-usage home on a good roof inside Xcel Energy's territory around Sioux Falls, where export compensation resembles true net metering. Outside that territory, you're negotiating with whichever co-op or municipal utility owns the wires, and the deal varies block to block. This page has the real numbers — not a salesperson's slide deck.

South Dakota Electricity Prices

Solar is a bet against future electricity prices — every kWh you generate is one you don't buy from the utility. So before panels, look at where South Dakota rates have actually gone. Here's the EIA history.

Full South Dakota electricity price data (1990–2025)
YearSouth Dakota (¢/kWh)US avg (¢/kWh)
19907.07.8
19916.98.0
19927.18.2
19937.08.3
19947.18.4
19957.18.4
19967.08.4
19977.18.4
19987.38.3
19997.48.2
20007.48.2
20017.48.6
20027.48.4
20037.58.7
20047.79.0
20057.89.5
20067.810.4
20078.110.7
20088.311.3
20098.511.5
20109.011.5
20119.411.7
201210.111.9
201310.312.1
201410.512.5
201511.112.7
201611.512.6
201711.812.9
201811.612.9
201911.613.0
202011.813.2
202112.213.7
202212.115.0
202312.316.0
202412.916.5
2025 *13.417.3

Source: US EIA, average residential retail electricity price. Values in cents per kWh. * 2025 is preliminary.

South Dakota residential rates have climbed about 72 percent since 2005, and roughly 1.9 percent a year over the last decade — a real increase, but from one of the lowest rate bases in the country, rising slower than the national average. That's the honest tension here: rising prices help solar's case everywhere, but South Dakota's low starting point means the same system pays back much more slowly than in a high-rate state like California or Massachusetts. If rates keep climbing near their last-decade pace, today's math looks a little better in ten years — but nobody can promise that.

The South Dakota Sun

South Dakota sits at 44°N — noticeably farther north than most solar-heavy states, which means a bigger swing between summer and winter sun angles and shorter winter days. Panels don't care about air temperature; they care about how high the sun climbs and how long it stays up.

South Dakota monthly solar production data
MonthkWh per installed kW
Jan89
Feb101
Mar117
Apr127
May127
Jun126
Jul140
Aug133
Sep120
Oct116
Nov96
Dec80
Year1371

Source: NREL PVWatts typical-year estimate (Sioux Falls), per installed kW at latitude tilt.

The practical read: South Dakota's summer months carry most of the year's production, thanks to long June and July days that partly offset the lower sun angle. Winter output drops hard — short days, low sun, and occasional snow cover on the panels until it slides or melts off. That nets out to roughly 1,371 kWh per installed kW near Sioux Falls, solid for this far north, but it also means a South Dakota system leans harder on a handful of summer months to make its annual case.

What Solar Costs in South Dakota in 2026

Installed cost estimates for South Dakota cluster around $3.10 to $3.85 per watt in 2025–2026, per EnergySage and SolarReviews (some marketing sites quote $2.85 to $4.21 — treat $3.00 to $3.90/W as the realistic range). With no federal credit and no state sales tax exemption, the number you negotiate is essentially what you pay.

System SizeTypical 2026 CostRoughly OffsetsFits
5 kW$15,500 to $19,250~6,855 kWh/yr (~$77/mo at 13.4¢)Smaller home, lower usage
8 kW$24,800 to $30,800~10,970 kWh/yr (~$122/mo)Average South Dakota home
12 kW$37,200 to $46,200~16,450 kWh/yr (~$184/mo)Large home, electric heat or well pump

Watch for stale marketing: several aggregator sites still advertise a "26%" or "30%" federal credit as available in 2026. That credit does not exist for a system you buy after 2025 — if an installer's quote assumes it, ask them to redo the math without it, and be wary of the rest of their numbers too.

Estimate Your South Dakota Payback

The calculator below starts from South Dakota's average residential rate and typical Sioux Falls-area production. Enter your own monthly bill to see an estimated system size, payback period, and 25-year outlook. South Dakota rates have risen about 1.9 percent a year over the last decade — a reasonable starting point for the inflation field, though you can drag it to test other scenarios.

Pro Tip: Run the calculator twice — once assuming full retail-rate credit for exported power (roughly what Xcel Energy customers get), and once assuming a much lower "avoided cost" credit of just a few cents per kWh (closer to what many co-op and municipal customers get). The gap between those two numbers is the single biggest variable in whether solar pays off on your specific property.

South Dakota Solar Incentives That Still Exist in 2026

There isn't much left here, and what remains is shrinking.

  • Gone — the 30 percent federal credit: The federal Residential Clean Energy Credit ended for installations completed after December 31, 2025, with no phase-out.
  • No state income tax credit: South Dakota has no state personal income tax, so a state solar credit was never on the table — not a benefit that disappeared, one that never existed.
  • No state sales tax exemption: Solar equipment and labor are taxed at the standard South Dakota sales/use tax rate, like any other home improvement.
  • Partial, sunsetting — property tax exemption: Under SDCL 10-4-44, qualifying renewable energy systems are exempt from local property tax at 70 percent of assessed value or $50,000, whichever is greater. A 2025 amendment (S.B. 1) narrowed this to assessments dated before January 1, 2025, and the whole exemption sunsets January 1, 2027. A system assessed in 2026 likely doesn't qualify — confirm with your county Director of Equalization first.
  • Partially — leases and PPAs: Third-party-owned systems can still capture a separate federal business credit through 2027, but it belongs to the leasing company, not you.

Some co-ops or municipal utilities run their own small rebate programs at their own discretion — there's no statewide list, so ask your installer and utility what applies to your address.

Net Metering — or the Lack of It — in South Dakota

This is what makes South Dakota unusual. Net metering credits you for extra power your panels send to the grid, typically close to the retail rate, so summer surplus can offset winter usage. Most states require some version of this by law. South Dakota does not — one of only two states nationwide (with Tennessee) with no statewide net metering mandate. The legislature has repeatedly considered and rejected mandating it, once concluding it was "not in the public interest."

Instead, PUC-regulated investor-owned utilities must only interconnect with and buy excess solar power at their "avoided cost" — the utility's own incremental generation cost, typically a low, wholesale-like rate well under retail. For systems under 100 kW that rate is filed with and approved by the state Public Service Commission, so it's at least public — but there's no statewide floor guaranteeing anything close to retail credit.

The bright spot is Xcel Energy, serving Sioux Falls and pockets of eastern South Dakota — fewer than 85,000 customers. Xcel voluntarily runs a program that functions like true net metering: monthly net excess generation rolls forward as a bill credit, and whatever remains at year end is either paid out at an avoided-cost-comparable rate or, by one-time election, carried forward indefinitely.

Everyone else — the state's 29 municipal utilities and 22 rural electric cooperatives, which together serve most of the state's land area — sets its own policy through its own elected board, with no state guarantee at all. Terms vary co-op to co-op. Call your specific utility before you buy a system and get their export-compensation rate in writing; it is the single most important number on this page, and it is not something any statewide chart can tell you.

Warning: Do not sign a solar contract based on an installer's assumed buyback rate. If you're outside Xcel Energy's territory, ask your co-op or municipal utility in writing what they actually pay for exported power — some pay a fair rate, some pay a token few cents per kWh, and a handful offer nothing beyond basic interconnection. An installer's standard payback slide is usually built for Xcel-style net metering and can be badly wrong for the rest of the state.

How to Go Solar in South Dakota

Work through these steps in order.

  1. Call your specific electric utility or co-op first and ask for their written net metering or export-compensation policy. Do this before you talk to an installer — it changes whether solar makes sense at all.
  2. Pull your last 12 power bills and find your true annual average. South Dakota bills swing hard between a mild fall month and a brutal January heating bill or July cooling bill.
  3. Confirm your roof faces south, east, or west, gets minimal shading, and has at least 10 to 15 years of life left before you add panels to it.
  4. Get at least three quotes and make sure every one reflects 2026 reality — no phantom federal credit, no exaggerated state incentive.
  5. Ask your county Director of Equalization whether your installation would qualify for any remaining property tax exemption before the January 2027 sunset.
  6. Compare the honest payback number — likely 17 to 21 years inside Xcel territory, and longer or uncertain elsewhere — against how long you plan to stay in the home.

For the fundamentals of how solar systems work, sizing, and buying versus leasing, see our main solar panels guide. Pair that with our roofing guide before adding panels to an aging roof, and our electrical guide if you're also weighing a panel upgrade or backup battery.

Sources

Figures on this page are 2026-current. Electricity rates: US EIA, Electric Sales, Revenue, and Average Price (2025 values preliminary). Federal credit repeal: IRS — Residential Clean Energy Credit. Production estimates: NREL PVWatts. Net metering and compensation: South Dakota PUC Solar Energy FAQ and South Dakota PUC Compensation page. Property tax exemption: DSIRE Renewable Energy Property Tax Exemption (SD) and SDCL 10-4-44. Installed cost: EnergySage South Dakota Solar Panel Cost and SolarReviews South Dakota Solar Panel Cost. We review these figures every six months.

Frequently asked

Are solar panels still worth it in South Dakota in 2026?

For most homes, the math is hard to make work today. South Dakota's electricity is cheaper than the national average (about 13.4 cents per kWh), the federal tax credit is gone, and there's no statewide net metering guarantee — so payback commonly runs 17 to 21 years, and longer outside Xcel Energy's service area. Solar can still pencil out for a high-usage home with a strong south-facing roof inside Xcel territory, but this is not a state where solar is an easy yes. Run the calculator on this page with your real bill before deciding.

Is there still a federal solar tax credit in South Dakota in 2026?

No — not for a system you own. The 25D Residential Clean Energy Credit (30 percent) was repealed for installations completed after December 31, 2025. The one federal pathway left runs through leases and power purchase agreements: the leasing company can still claim a separate business credit through 2027, but that credit belongs to them, not you. It may lower your monthly lease payment, or it may not — ask directly.

How much do solar panels cost in South Dakota in 2026?

Most South Dakota installs run about $3.10 to $3.85 per watt, so a 5 kW system costs roughly $15,500 to $19,250, and a typical 8 kW system runs about $24,800 to $30,800. With no federal credit and no state sales tax exemption, that sticker price is essentially what you pay — get at least three quotes before committing.

What solar incentives does South Dakota still have in 2026?

Very little. South Dakota has no state income tax, so there was never a state tax credit, and there is no state sales tax exemption for solar equipment. The one benefit is a partial property tax exemption (SDCL 10-4-44) that is mid-phase-out: it now covers only assessments dated before January 1, 2025, and the whole exemption sunsets on January 1, 2027. Confirm current status with your county Director of Equalization before counting on it.

How does net metering work in South Dakota?

There isn't a statewide law requiring it — South Dakota and Tennessee are the only two states with no net metering mandate at all. Most utilities compensate exported power at their own "avoided cost" rate, often just a few cents per kWh, not the retail rate. The exception is Xcel Energy, which serves Sioux Falls and pockets of eastern South Dakota (under 85,000 customers) and voluntarily runs a program that functions like true net metering. Everyone else — 29 municipal utilities and 22 rural co-ops — sets its own terms. Call your specific utility before buying panels.

Does it matter which utility serves my South Dakota home?

Enormously. Two houses a few miles apart can get completely different solar deals depending purely on whose wires reach them. Xcel Energy customers get monthly net excess generation credits that roll forward, with an annual cash-out or indefinite carryover option. Customers of the state's other 29 municipal utilities or 22 electric cooperatives may get a fair buyback, a token one, or nothing beyond the PUC-mandated interconnection — there's no statewide floor. Always ask your own utility for its written export-compensation rate before you sign a contract.

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